Dear buyer,
Please do not misunderstand my reply here as I am not promoting a case for dual representation.
The authorities have put into place a measure to ensure that a salesperson does not carry out dual representation in a property transaction as there is a conflict of interest in doing so. This introduction of regulation is not done with the objective to allow buyer exploit as an avenue not to pay commission in a property purchase, regardless HDB or private residential properties.
From a purchaser perspective, I highly believe that the main objective is to get as much savings as possible or buy as low as possible for a property you like. If for some reason, you are unable to do so, but require to engage the services of a professional consultant to work on this negotiation for a better pricing, would that be a case where this consultant is working in your interest, that paying him or her a token for achieving the desired pricing be logical? I do not think it makes sense for a buyer to pay more in purchasing price just to avoid paying commission.
The whole picture of buyer paying commission or not has been understood from a totally wrong perspective, and I thought it should be corrected. A salesperson who is honest and treat this business seriously will not want to risk losing his rice bowl by collecting commission from both seller and buyer, unless the amount involved can last the salesperson many years without the need to continue in this business.
Last but not least, as what my fellow professionals have pointed out, in a typical scenario, a buyer for a private residential property usually do not need to pay commission.
Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.
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Regards,
Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B) - Century 21
CEA Reg R014783H
Mobile:
+65-81577565
/+65-92787772
Email: geryl7772@gmail.com
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